J.W. Cole Advisors Inc. Increases Stake in Schwab International Equity ETF

In a recent filing with the Securities and Exchange Commission, J.W. Cole Advisors Inc. announced a significant increase in its stake in the Schwab International Equity ETF (NYSEARCA:SCHF – Free Report). The firm raised its holdings by 68.1% during the fourth quarter, bringing the total number of shares owned to 23,495. This increase followed the purchase of an additional 9,515 shares during the specified period.

As of the latest filing, J.W. Cole Advisors Inc.’s investment in the Schwab International Equity ETF is valued at approximately $435,000. This transaction highlights the growing interest from institutional investors in international equity investments.

Several other institutional investors have also recently adjusted their positions in the Schwab International Equity ETF. For instance, Empower Advisory Group LLC increased its stake by 3.4% in the third quarter, owning 82,725,592 shares worth about $3.4 billion after acquiring an additional 2,752,315 shares. HighTower Advisors LLC also raised its stake by 3.1%, now holding 10,156,561 shares valued at around $417.6 million after buying 304,437 shares in the last quarter.

Orgel Wealth Management LLC made a more substantial adjustment, boosting its position by an impressive 117.0% in the fourth quarter. It now owns 8,371,941 shares worth approximately $154.9 million after acquiring an extra 4,513,862 shares. US Bancorp DE significantly grew its holding by 2,515.1% in the third quarter, now owning 7,494,147 shares valued at around $308.2 million after purchasing 7,207,571 shares.

Furthermore, McAdam LLC raised its holdings by 113.8% in the fourth quarter, now owning 7,018,602 shares valued at approximately $129.8 million after acquiring an additional 3,736,231 shares.

Performance of Schwab International Equity ETF

As for the stock performance, shares of the Schwab International Equity ETF opened at $20.00. The company's 50-day moving average price stands at $19.03, while the 200-day moving average is $19.54. The ETF currently has a market capitalization of $19.21 billion, with a price-to-earnings ratio of 14.99 and a beta of 0.87. Over the past year, the Schwab International Equity ETF has seen a low of $18.12 and a high of $20.82.

About Schwab International Equity ETF

The Schwab International Equity ETF is part of Schwab Strategic Trust, an open-end management investment company that includes a diverse range of funds such as the Schwab U.S. REIT ETF and Schwab U.S. Broad Market ETF among others.

investment, ETF, acquisition